Citi AAdvantage Miles Ahead Savings Account
Sep 11, 2020, 11:37 am
#61
Join Date: Jul 2011
Posts: 130
Just another data point- deposit happened 4/16 ; miles deposited 9/10. I do like that Im earning an extra 25% miles (allthough limited to net +12.5K miles/year). Just my math I made 20K +12.5K miles = ~$325 dollars on a 10K deposit which isn't too bad over ~6 months
Last edited by jimmyz1; Sep 11, 2020 at 11:51 am
Oct 1, 2020, 9:03 am
#65
Join Date: Jun 2011
Posts: 256
Just got this in the snail mail offer. The interest rate is even lower at 0.60APY but this rate also happens to be the same rate as American Express "high yield" account which use to be 2.9% pre covide and has dropped every month since.
The bonus miles are the same 20k , 40k, 50k and the +25% extra miles on purchases with 10k in the account.
Was worth it for me, As I am traveling in the next few months and these will just stack on my current horde of miles that I have. Might be bumping up to Biz/first for overseas trip with this.
The bonus miles are the same 20k , 40k, 50k and the +25% extra miles on purchases with 10k in the account.
Was worth it for me, As I am traveling in the next few months and these will just stack on my current horde of miles that I have. Might be bumping up to Biz/first for overseas trip with this.
Oct 1, 2020, 9:17 am
#66
Join Date: Jun 2011
Posts: 256
40k > 250usd
Example ticket
22.5k miles = 1 way trip overseas on a 1000usd economy ticket. (FRA to LAS)
And/or stacking with your current miles to fly in style in BIZ/First adds even more value to the miles.
Oct 20, 2020, 7:34 pm
#68
Join Date: Jun 2011
Posts: 256
"bonus miles will be credited to your AAdvantage® account within ninety (90) calendar days from the date you complete all required activities."
Please post an update. thx
Nov 1, 2020, 8:28 pm
#69
Join Date: Aug 2004
Location: MCO
Programs: AA,DL,F9,UA,WN
Posts: 582
Your miles should have posted within 90 days 9/10/2020. So yup. Looks like you need to call or email them.
"bonus miles will be credited to your AAdvantage® account within ninety (90) calendar days from the date you complete all required activities."
Please post an update. thx
"bonus miles will be credited to your AAdvantage® account within ninety (90) calendar days from the date you complete all required activities."
Please post an update. thx
I expect to move the money back out of the Miles AAhead account as there doesn't seem to be any benefit leaving it there.
Nov 2, 2020, 6:21 pm
#70
Join Date: Aug 2004
Location: MCO
Programs: AA,DL,F9,UA,WN
Posts: 582
Interestingly, there is a $10,000 per month withdrawal limit from the account, if I read it correctly. So it's going to take me 5+ months to liquidate the account! Had I known that.....
Nov 3, 2020, 7:54 am
#71
Join Date: Apr 2004
Programs: AA Plat/2MM, DL Silver, UA Silver (via Marr), Marr LTT, HH Gold (via cc), Hyatt Disc
Posts: 1,039
So I'm thinking about pulling the plug on this, but was thinking maybe I leave a little bit in to keep the 25% credit card spend bonus. I've checked the Citi site and can't find T&Cs since this was a targeted program. The FAQs don't reference a minimum balance needed for the 25% bonus. I did see one blogger stating that's it's contingent on a $10,000 minimum balance, but have no clue where they got that info and if it's fact or speculation.
Does anyone a) know the answer to this, b) have the T&Cs from their sign-up, c) find this info on the Citi site?
Thanks in advance for any insight.
Does anyone a) know the answer to this, b) have the T&Cs from their sign-up, c) find this info on the Citi site?
Thanks in advance for any insight.
Nov 3, 2020, 5:08 pm
#72
Join Date: Jul 2011
Posts: 2,313
Once I get my points, I'm just closing my account. If you have no reason to keep your account they can't take 5 months to pay you the money you own if you close it outright, too. Close, not withdraw. They'll cut you a cashiers check or transfer it where you tell them to.
Nov 10, 2020, 1:55 pm
#73
Join Date: Jun 2011
Posts: 256
So I'm thinking about pulling the plug on this, but was thinking maybe I leave a little bit in to keep the 25% credit card spend bonus. I've checked the Citi site and can't find T&Cs since this was a targeted program. The FAQs don't reference a minimum balance needed for the 25% bonus. I did see one blogger stating that's it's contingent on a $10,000 minimum balance, but have no clue where they got that info and if it's fact or speculation.
Does anyone a) know the answer to this, b) have the T&Cs from their sign-up, c) find this info on the Citi site?
Thanks in advance for any insight.
Does anyone a) know the answer to this, b) have the T&Cs from their sign-up, c) find this info on the Citi site?
Thanks in advance for any insight.
I will probably just leave 10K in the account for that extra 25% miles every month as it can be worth it if you spend often on the credit card tied to the account.
Nov 10, 2020, 2:02 pm
#74
Join Date: Jun 2011
Posts: 256
Thanks for the update. Now I plan on making a phone call when my 40k miles dont show up after 4 months time. More annoyance from this offer.
Nov 12, 2020, 6:57 pm
#75
Join Date: Aug 2004
Location: MCO
Programs: AA,DL,F9,UA,WN
Posts: 582
Once I get my points, I'm just closing my account. If you have no reason to keep your account they can't take 5 months to pay you the money you own if you close it outright, too. Close, not withdraw. They'll cut you a cashiers check or transfer it where you tell them to.